Laws of money (#1)

There are laws for the physical realm. There are also money laws.

One of them is have a plan! Be able to answer when you are asked about it, but beware: not everyone should know your plan! I would say your friends can know your plan and the ones you love should know your plan. I call a friend based on the old proverb “a friend in need is a friend indeed”. Other people have other definitions, which I do not adhere to; they say for example their friends are the ones they party with, or the ones they talk with.

Another one is a warning that who you listen to like him you become.

Also think I also have evidence for these: one should not lend 100% of what he is asked; don’t refuse someone asking you for money for his first home but give him as little as possible; when one has money others try to get it; it’s better to control assets than to own assets; when some business of yours is too good you’ll start having competition; when you have an idea you’ll lead no matter how much competition you’ll have except if you fall tired; copyright, invention and innovation are strong tools to create wealth and many don’t see it; he who is faithful with little will be faithful with a lot, and he who is not faithful with little can’t develop the character to be faithful with a lot.

Steps towards setting up a trading fund

I would like to do an exercise of setting up a trading fund for forex trading. Taking part in this would offer a few advantages: a) the fund would return minimum the interest rate for a bank deposit or “the deposit rate”; b) “the aim” of the fund is to return 30% for its investors; c) there is a safety guarantee in the sense that the investors’ money will not be traded; d) there is a satisfaction guarantee in the sense that if they are not satisfied with the returns investors can redraw their money any time but no sooner than 1 month from their announcement; e) the management amount will be zero if investment does not return “the deposit rate”, a flat fee of half of the interest from the deposit if return after payment of management fee is between “the deposit rate” and “the aim”, and half of the interest from the deposit account plus any amount over “the aim” when “the aim” is reached. These are 5 guarantees.

This is addressing towards investors able to contribute with 10.000AUD. It will not be an opened fund, it will be offered for 1000 clients only. Clients need to agree to sign the Trading Fund as a joint deposit holder and to allow the Trust to get a credit card based on half of the deposit. The Trust Fund uses the money on the credit card for trading, not the investor’s money.

Interesting Link about Starting Online

46 Ways To Start A Business With No Money